Robinson Capital Management LLC Acquires 45,083 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Robinson Capital Management LLC grew its position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 51.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,050 shares of the closed-end fund’s stock after purchasing an additional 45,083 shares during the quarter. Robinson Capital Management LLC’s holdings in Western Asset High Income Fund II were worth $560,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Penserra Capital Management LLC bought a new stake in shares of Western Asset High Income Fund II during the 3rd quarter valued at about $11,520,000. Landscape Capital Management L.L.C. increased its stake in shares of Western Asset High Income Fund II by 87.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 853,854 shares of the closed-end fund’s stock valued at $3,851,000 after acquiring an additional 398,413 shares in the last quarter. Absolute Investment Advisers LLC acquired a new position in shares of Western Asset High Income Fund II during the 4th quarter valued at $1,545,000. Shaker Financial Services LLC boosted its stake in Western Asset High Income Fund II by 992.3% during the third quarter. Shaker Financial Services LLC now owns 262,159 shares of the closed-end fund’s stock worth $1,195,000 after acquiring an additional 238,159 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in Western Asset High Income Fund II by 481.4% in the third quarter. Oppenheimer & Co. Inc. now owns 156,979 shares of the closed-end fund’s stock valued at $708,000 after purchasing an additional 129,979 shares in the last quarter.

Western Asset High Income Fund II Stock Up 1.3 %

Shares of Western Asset High Income Fund II stock opened at $4.41 on Tuesday. Western Asset High Income Fund II Inc. has a one year low of $4.15 and a one year high of $4.57. The business has a 50-day simple moving average of $4.30 and a 200 day simple moving average of $4.38.

Western Asset High Income Fund II Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Monday, January 27th were paid a $0.049 dividend. This represents a dividend yield of 13.64%. The ex-dividend date was Friday, January 24th.

About Western Asset High Income Fund II

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.